WBD Q1 2025 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q1 2025 Earnings

Communication Services Entertainment

Income Statement

Revenue

$9.0B-9.8% YoY

Gross Profit

$3.8B42.9% margin

Operating Income

-$37M-0.4% margin

Net Income

-$453M-5.0% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

-10.5%

Cash Flow

Operating Cash Flow

$553M

Free Cash Flow

$302M

Stock-Based Comp.

$123M

Balance Sheet

Total Assets

$101.7B

Total Liabilities

$66.5B

Stockholders' Equity

$33.8B

Cash & Equivalents

$3.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.0B	$10.0B	-9.8%
Gross Profit	$3.8B	$3.9B	-1.3%
Operating Income	-$37M	-$267M	+86.1%
Net Income	-$453M	-$966M	+53.1%

Revenue Segments

Distribution Revenue

$4.9B54%

Advertising

$2.0B22%

Content Licensing Contracts

$1.9B21%

Service, Other

$247M3%